The token was created by the BNB Chain team during a step-by-step video that explained the process of launching meme tokens on the BNB Chain network. However, the video was later removed due to issues identified by the developers.
The TST token became known when its name was accidentally revealed in one of the frames of the tutorial. Zhao later stated that it was an unofficial test token that has no connection with either BNB Chain or Binance, and is not a recommendation for investors. He emphasized that its appearance on the platform was purely part of the educational process and is not related to the official activities of the company.
Changpeng Zhao expressed concern that this was attracting the attention of investors and strongly emphasized that this is not financial advice or a recommendation for trading. He also noted that such fluctuations in token prices can be dangerous for inexperienced traders, emphasizing the importance of caution when investing in cryptocurrencies.
Despite this, his post has attracted a lot of attention, and the crypto trading community is discussing the unexpected increase in test token prices. This incident once again highlights the volatility of the cryptocurrency market and the importance of understanding the risks when participating in such projects.
Interest in meme coins and test tokens on the BNB Chain platform continues to grow, but experts remind that projects like TST should not be considered as long-term investments.